Homework: E6-57B Score: 0 of 2 pts 1 of 1 (0 complete) Save HW Score: 0%, 0 of 2 pt- Question Help Great Giraffes is a specialty pet gift shop selling exotic pet-related items online. The shop has no physical location. Results for last year are shown next (Click the icon to view the results.) For internal planning and decision making purposes, the owner of Great Giraffes would like to translate the company's income statement into the contribution margin format Since Great Giraffes is online only, all of its cost of goods sold is variable. A large portion of the selling and marketing expenses consists of freight-out charges ($19.500), which were also variable Only 20% of the remaining selling and marketing expenses and 25% of the website expenses wire variable. Of the other operating expenses, 90% were fixed. Based on this information, prepare Great Giraffes contribution margin income statement for last year Contribution Margin income Statement Sales revenue For the Year Ended December 31 Less Valable expenses 1000000 E6-57B (similar to) Cost of goods sold Valable selling and marketing expenses Fixed website maintenance expenses Other variable operating experis Les Fant expensas Choose Boes any test or enter any number in the input helds and then click Check Answer All parts showing Clear Type here to search E E e Check Answer 11:25 PM 3/2/201